Common use of Number of Shares; Warrant Price Clause in Contracts

Number of Shares; Warrant Price. The number of shares of Common Stock which the holder of this Warrant shall be entitled to receive upon each exercise hereof shall be determined by multiplying the number of shares of Common Stock which would otherwise (but for the provisions of this section 2) be issuable upon such exercise, as designated by the holder hereof pursuant to section 1.1, by a fraction of which (a) the numerator is $.01 and (b) the denominator is the Warrant Price in effect on the date of such exercise. The "Warrant Price" shall initially be $.01 per share, shall be adjusted and readjusted from time to time as provided in this section 2 and, as so adjusted or readjusted, shall remain in effect until a further adjustment or readjustment thereof is required by this section 2.

Appears in 2 contracts

Samples: Subordination Agreement (General Housing Inc), General Housing Inc

AutoNDA by SimpleDocs

Number of Shares; Warrant Price. The number of shares of Common Stock which the holder of this Warrant shall be entitled to receive upon each exercise hereof shall be determined by multiplying the number of shares of Common Stock which would otherwise (but for the provisions of this section Section 2) be issuable upon such exercise, as designated by the holder hereof pursuant to section Section 1.1, by a fraction of which (a) the numerator is $.01 34.00 and (bii) the denominator is the Warrant Price in effect on the date of such exercise. The "Warrant Price" shall initially be $.01 34.00 per share, and shall be adjusted and readjusted from time to time as provided in this section Section 2 and, as so adjusted or readjusted, shall remain in effect until a further adjustment or readjustment thereof is required by this section Section 2.

Appears in 2 contracts

Samples: Data Transmission Network Corp, Data Transmission Network Corp

Number of Shares; Warrant Price. The number of shares of Common Stock which the holder of this Warrant shall be entitled to receive upon each exercise hereof shall be determined by multiplying the number of shares of Common Stock which would otherwise (but for the provisions of this section 2) be issuable upon such exercise, as designated by the holder hereof pursuant to section 1.1, by a fraction of which (ai) the numerator is $.01 1.50 and (bii) the denominator is the Warrant Price in effect on the date of such exercise. The "Warrant Price" shall initially be $.01 1.50 per share, shall be adjusted and readjusted from time to time as provided in this section 2 and, as so adjusted or readjusted, shall remain in effect until a further adjustment or readjustment thereof is required by this section 2.

Appears in 1 contract

Samples: Perma Fix Environmental Services Inc

Number of Shares; Warrant Price. The number of shares of Common Stock which the holder of this Warrant Holder shall be entitled to receive upon each exercise hereof shall be determined by multiplying the number of shares of Common Stock which would otherwise (but for any application of the provisions of this section Section 2) be issuable upon such exercise, as designated by the holder hereof Holder pursuant to section Section 1.1, by a fraction of which (ai) the numerator is $.01 5.625 and (bii) the denominator is the Warrant Price (as defined below) in effect on the date of such exercise. The "Warrant Price," which shall initially be $.01 per share, 5.625 shall be adjusted and readjusted from time to time as provided in this section Section 2 hereof and, as so adjusted or readjusted, shall remain in effect until a further adjustment or readjustment thereof is required by this section Section 2.

Appears in 1 contract

Samples: Investment Agreement (Cd&r Investment Associates Ii Inc)

Number of Shares; Warrant Price. The number of shares of Common Stock which the holder of this Warrant Holder shall be entitled to receive upon each exercise hereof shall be determined by multiplying the number of shares of Common Stock which would otherwise (but for any application of the provisions of this section Section 2) be issuable upon such exercise, as designated by the holder hereof Holder pursuant to section Section 1.1, by a fraction of which (ai) the numerator is $.01 _____ and (bii) the denominator is the Warrant Price (as defined below) in effect on the date of such exercise. The "Warrant Price," which shall initially be $.01 per share, ___ shall be adjusted and readjusted from time to time as provided in this section Section 2 hereof and, as so adjusted or readjusted, shall remain in effect until a further adjustment or readjustment thereof is required by this section Section 2.

Appears in 1 contract

Samples: Stock Purchase Agreement (Fidelity National Financial Inc /De/)

Number of Shares; Warrant Price. The number of shares of Common Stock which the holder of this Warrant shall be entitled to receive upon each exercise hereof shall be determined by multiplying the number of shares of Common Stock which would otherwise (but for the provisions of this section 2) be issuable upon such exercise, as designated by the holder hereof pursuant to section 1.1, by a fraction of which (ai) the numerator is $.01 6.756 and (bii) the denominator is the Warrant Price in effect on the date of such exercise. The "Warrant Price" shall initially be $.01 6.756 per share, shall be adjusted and readjusted from time to time as provided in this section 2 and, as so adjusted or readjusted, shall remain in effect until a further adjustment or readjustment thereof is required by this section 2.

Appears in 1 contract

Samples: Common Stock Purchase Warrant (Inmac Corp)

Number of Shares; Warrant Price. The number of shares of Common Stock which the holder of this Warrant shall be entitled to receive upon each exercise hereof shall be determined by multiplying the number of shares of Common Stock which would otherwise (but for the provisions of this section 2) be issuable upon such exercise, as designated by the holder hereof pursuant to section 1.1, by a fraction of which (ai) the numerator is $.01 7.24 and (bii) the denominator is the Warrant Price in effect on the date of such exercise. The "Warrant Price" shall initially be $.01 7.24 per share, shall be adjusted and readjusted from time to time as provided in this section 2 and, as so adjusted or readjusted, shall remain in effect until a further adjustment or readjustment thereof is required by this section 2.

Appears in 1 contract

Samples: Common Stock Purchase Warrant (Dixon Ticonderoga Co)

Number of Shares; Warrant Price. The number of shares of Common Stock which the holder of this Warrant shall be entitled to receive upon each exercise hereof shall be determined by multiplying the number of shares of Common Stock which would otherwise (but for the provisions of this section Section 2) be issuable upon such exercise, as designated by the holder hereof pursuant to section Section 1.1, by a fraction of which (a) the numerator is $.01 8.60 and (bii) the denominator is the Warrant Price in effect on the date of such exercise. The "Warrant Price" shall initially be $.01 8.60 per share, and shall be adjusted and readjusted from time to time as provided in this section Section 2 and, as so adjusted or readjusted, shall remain in effect until a further adjustment or readjustment thereof is required by this section Section 2.

Appears in 1 contract

Samples: Data Transmission Network Corp

AutoNDA by SimpleDocs

Number of Shares; Warrant Price. The number of shares of Common Stock which the holder of this Warrant Holder shall be entitled to receive upon each exercise hereof shall be determined by multiplying the number of shares of Common Stock which would otherwise (but for any application of the provisions of this section Section 2) be issuable upon such exercise, as designated by the holder hereof Holder pursuant to section Section 1.1, by a fraction of which (ai) the numerator is $.01 18 and (bii) the denominator is the Warrant Price (as defined below) in effect on the date of such exercise. The "β€œWarrant Price" ,” which shall initially be $.01 per share, 18 shall be adjusted and readjusted from time to time as provided in this section Section 2 hereof and, as so adjusted or readjusted, shall remain in effect until a further adjustment or readjustment thereof is required by this section Section 2.

Appears in 1 contract

Samples: Stock Purchase Agreement (CDR Cookie Acquisition LLC)

Number of Shares; Warrant Price. The number of shares of Common Stock which the holder of this Warrant Holder shall be entitled to receive upon each exercise hereof shall be determined by multiplying the number of shares of Common Stock which would otherwise (but for any application of the provisions of this section Section 2) be issuable upon such exercise, as designated by the holder hereof Holder pursuant to section Section 1.1, by a fraction of which (ai) the numerator is $.01 400.00 and (bii) the denominator is the Warrant Price (as defined below) in effect on the date of such exercise. The "Warrant Price," which shall initially be $.01 per share, 400.00 shall be adjusted and readjusted from time to time as provided in this section Section 2 hereof and, as so adjusted or readjusted, shall remain in effect until a further adjustment or readjustment thereof is required by this section Section 2.

Appears in 1 contract

Samples: Relocation Management Systems Inc

Number of Shares; Warrant Price. The number of shares of Common Stock which the holder of this Warrant shall be entitled to receive upon each exercise hereof shall be determined by multiplying the number of shares of Common Stock which would otherwise (but for the provisions of this section 2) be issuable upon such exercise, as designated by the holder hereof pursuant to section 1.1, by a fraction of which (ai) the numerator is $.01 and (bii) the denominator is the Warrant Price in effect on the date of such exercise. The "Warrant Price" shall initially be $.01 per share, shall be adjusted and readjusted from time to time as provided in this section 2 and, as so adjusted or readjusted, shall remain in effect until a further adjustment or readjustment thereof is required by this section 2. This section will not be construed to reduce the purchase price for the shares of Common Stock upon exercise hereof to an amount less than $.01.

Appears in 1 contract

Samples: Common Stock Purchase Warrant (Gni Group Inc /De/)

Number of Shares; Warrant Price. The number of shares of Common Stock which the holder of this Warrant shall be entitled to receive upon each exercise hereof shall be determined by multiplying the number of shares of Common Stock which would otherwise (but for the provisions of this section (2) be issuable upon such exercise, as designated by the holder hereof pursuant to section 1.1, by a fraction of which (ai) the numerator is $.01 11.50 and (bii) the denominator is the Warrant Price in effect on the date of such exercise. The "Warrant Price" shall initially be $.01 11.50 per share, shall be adjusted and readjusted from time to time as provided in this section 2 and, as so adjusted or readjusted, shall remain in effect until a further adjustment or readjustment thereof is required by this section 2.

Appears in 1 contract

Samples: Datum Inc

Time is Money Join Law Insider Premium to draft better contracts faster.